Major west Edinburgh industrial investment put up for sale
![An image of the West Craigs Industrial Estate in west Edinburgh.](/investedinburgh/images/WestCraigs.jpg)
The 6,406 square metre (68,950 square foot) West Craigs Industrial Estate on Turnhouse Road in west Edinburgh has been put on the market for offers over £6,000,000.
The 1.8 hectare (4.5 acre) industrial estate comprises a total of 21 units (all benefiting from a three-phase electrical supply) along with secure yards and car parking. The units are leased to a variety of tenants including Dulux, Euro Car Parts, Jewson, and Sky, with a WAULT of 5.4 years and total annual rent of £472,567. The selling price represents a net initial yield of 7.33% after purchaser's costs and LBTT.
Strategically located close to the trunk road network and to Edinburgh Airport, the industrial estate also has redevelopment potential. The surrounding area is currently seeing a residential-led mixed use development including around 1,700 homes along with a new primary school and amenities. Additional adjacent land is available separately.
The selling agent for the property is Ryden. Further information can be found here.